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Showing posts with the label stablecoin

💔I Knew You Were Trouble When You Walked In 🇮🇹

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Juventus and the Tether Offer: A Somber Turn for the Adventurous   The answer came swiftly, definitively, and without room for negotiation. Exor , the Agnelli family's holding company, rejected Tether's approximately €1.1 billion offer to acquire their controlling stake in Juventus Football Club. For those who wondered whether the deal might proceed, whether new ownership might arrive with fresh capital and renewed ambitions , the response was clear: the club would remain with her century-old family. As the Christmas season approaches, there is a quietness to this decision that feels heavier than it should. This was not simply a business transaction declined— it was a door closing on possibility at a time when possibilities felt scarce . Tether had pledged to invest €1 billion in the club's support and development if the acquisition completed. The stablecoin company's CEO, Paolo Ardoino , spoke of personal connection, of growing up with the team, of l...